New Delhi: Petrol price on Sunday was increased by 24 paise per litre and diesel by 27 paise, pushing rates across the country to record highs and that of petrol in Mumbai to near Rs 99 a litre.
The increase led to rates in Delhi climbing to Rs 92.58 per litre and diesel to Rs 83.22, according to a price notification of state-owned fuel retailers.
Rates had already crossed Rs 100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra and with the latest increase, price in Mumbai too was inching towards that level.
A litre of petrol in Mumbai now comes for Rs 98.88 and diesel is priced at Rs 90.40 per litre.
Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest value-added tax (VAT) on petrol in the country, followed by Madhya Pradesh.
Here are the latest rates in your city:
Mumbai: Petrol prices –Rs. 98.88 per litre; diesel prices –Rs 90.40 per litre
Kolkata: Petrol prices – Rs 92.67 per litre; diesel prices –Rs 86.06 per litre
Chennai: Petrol prices – Rs 94.31 per litre; diesel prices – Rs 88.07 per lit
Bengaluru: Petrol prices – Rs 95.33 per litre; diesel prices – Rs 87.92 per litre
Hyderabad: Petrol prices – Rs 96.22 per litre; diesel prices – Rs 90.73 per litre
Thiruvananthapuram: Petrol prices – Rs 94.81 per litre; diesel prices – Rs 89.70 per litre
Jaipur: Petrol prices – Rs 98.67 per litre; diesel prices Rs 91.54 per litre
Patna: Petrol prices – Rs 94.79 per litre; diesel prices –Rs 88.46 per litre
Chandigarh: Petrol prices – Rs 89.05 per litre; diesel prices – 82.89 per litre
No sooner had voting ended, oil companies indicated an impending increase in retail prices in view of firming trend in international oil markets.
Central and state taxes make up for 60 per cent of the retail selling price of petrol and over 54 per cent of diesel. The union government levies Rs 32.90 per litre of excise duty on petrol and Rs 31.80 on diesel.